United States Steel Corp. (NYSE:X) traded up 3.1% during mid-day trading on Friday . The company traded as high as $21.17 and last traded at $21.16, with a volume of 9,148,697 shares. The stock had previously closed at $20.52.

A number of equities research analysts have recently issued reports on the stock. Barclays PLC reaffirmed an “equal weight” rating and set a $16.00 target price (up previously from $15.00) on shares of United States Steel Corp. in a report on Tuesday, July 12th. Vetr lowered shares of United States Steel Corp. from a “sell” rating to a “strong sell” rating and set a $16.63 target price for the company. in a report on Monday, May 2nd. Argus reaffirmed a “hold” rating on shares of United States Steel Corp. in a report on Monday, May 2nd. Cowen and Company reaffirmed a “market perform” rating and set a $18.00 target price (up previously from $8.00) on shares of United States Steel Corp. in a report on Thursday, April 28th. Finally, Macquarie lowered shares of United States Steel Corp. from a “neutral” rating to an “underperform” rating in a report on Thursday, April 28th. Six analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $14.86.

The stock’s market cap is $3.10 billion. The firm has a 50 day moving average price of $18.23 and a 200-day moving average price of $14.22.

United States Steel Corp. (NYSE:X) last issued its quarterly earnings results on Tuesday, April 26th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.23) by $0.92. The business earned $2.34 billion during the quarter, compared to analysts’ expectations of $2.51 billion. The company’s revenue was down 28.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.07) earnings per share. Equities research analysts predict that United States Steel Corp. will post ($1.83) EPS for the current fiscal year.

In other United States Steel Corp. news, Director Stephen J. Girsky purchased 2,000 shares of the firm’s stock in a transaction on Thursday, May 5th. The shares were purchased at an average cost of $18.94 per share, with a total value of $37,880.00. Following the purchase, the director now owns 2,000 shares in the company, valued at $37,880. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Several institutional investors have recently added to or reduced their stakes in X. Shell Asset Management Co. purchased a new position in United States Steel Corp. during the fourth quarter valued at $1,149,000. Nationwide Fund Advisors raised its position in United States Steel Corp. by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 245,401 shares of the company’s stock valued at $1,958,000 after buying an additional 788 shares during the period. California Public Employees Retirement System raised its position in United States Steel Corp. by 17.1% in the fourth quarter. California Public Employees Retirement System now owns 495,600 shares of the company’s stock valued at $3,955,000 after buying an additional 72,500 shares during the period. Retirement Systems of Alabama raised its position in United States Steel Corp. by 1.3% in the fourth quarter. Retirement Systems of Alabama now owns 187,955 shares of the company’s stock valued at $1,500,000 after buying an additional 2,483 shares during the period. Finally, California State Teachers Retirement System raised its position in United States Steel Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 278,509 shares of the company’s stock valued at $2,223,000 after buying an additional 4,355 shares during the period.

United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

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